National Federation of Community Development CUs adopts new name

On Oct. 23, the National Federation of Community Development Credit Unions announced that it has changed its name to Inclusiv. The Inclusiv name grows out of the organization’s commitment to financial inclusion and its dedication to ensuring access to responsible financial products and services delivered at an affordable cost in a fair and transparent manner. […]

NCUA holds budget briefing

The National Credit Union Administration (NCUA) held its budget briefing today and Credit Union National Association (CUNA) Chief Economist Mike Schenk testified on behalf of America’s credit unions. Schenk applauded the NCUA decision to merge the Temporary Corporate Credit Union Stabilization Fund into the Share Insurance Fund (NCUSIF) and to make a $735 million equity distribution to credit unions […]

Vining Sparks 4Q Economic Outlook webinar

On Oct. 18 at 10 a.m. CT, Vining Sparks will hold a 4th Quarter Economic Outlook Webinar to summarize the economic environment, as well as provide an updated growth and interest rate projections.The U.S. economy continues to grow at a solid rate, the labor market continues to tighten, but inflation has remained modest.  This combination has enabled […]

4 tips for unleashing your credit union’s best kept secret

By Robert Comfort, president of CUNA Mutual Group’s broker-dealer, CUNA Brokerage Services, Inc Very few credit union members even know their credit union offers advice that can help them achieve financial security. We see surveys where an overwhelming number of people say, ‘Hey, if my credit union offered this, I would be very open to talking […]

NCUA offers information, assistance to credit unions in path of Hurricane Michael

The National Credit Union Administration is closely monitoring Hurricane Michael, and the agency has a hurricane information webpage with material on preparedness and recovery available for credit unions and members in the storm’s path. The NCUA will be ready to assist credit unions with maintaining or restoring operations, if necessary. The NCUA’s Office of Credit Union Resources […]

Lending, membership growth lead historic credit union performance

Lending and membership growth a trend of historically strong performance for credit unions according to the August Monthly Credit Union Estimates from CUNA. “The most recent monthly estimates show that membership and loan growth grew 0.60% and 1.01%, respectively, in August,” said Jordan van Rijn, CUNA senior economist. “This continues the very strong pace of […]